Mark Carney (Trudeau Liberal Replacement) as PM

petros

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Wouldn’t that be a way to print more money (without printing more money) which would devalue the currency it’s pegged against?
We've been seeing quantative tightening the past two months. It's what I ve been saying is "burning money" as markets tank and buy buying assets.. A trillion in market loses allows a trillion to be yanked and physically burned/destroyed from circulation

The new currency won't be fiat. It's gold backed.
 
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Ron in Regina

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Dude was doing well until about minute six in this video. If Canada has 1/8th the population, and a bigger land mass with more resources, of course they are going to export more than they import. They have a much smaller population buying products.

If anything, the US trade defecit should be far higher. How is that not obvious? (Also, the US buys Canadian oil at a huge price discount from global prices, refines it, and sells it to the rest of the world for a huge profit. Take oil out of the equation and the US has a huge trade surplus) I don't see the issue here. The US should be thanking Canada not attacking it.

Canadians have lower purchasing power than Americans do, but buy almost 8 times as much per Capita from America than Americans buy from Canada…or at least did pre-Trump and these last two months or so.
1743424111564.jpeg
 

petros

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Dude was doing well until about minute six in this video. If Canada has 1/8th the population, and a bigger land mass with more resources, of course they are going to export more than they import. They have a much smaller population buying products.

If anything, the US trade defecit should be far higher. How is that not obvious? (Also, the US buys Canadian oil at a huge price discount from global prices, refines it, and sells it to the rest of the world for a huge profit. Take oil out of the equation and the US has a huge trade surplus) I don't see the issue here. The US should be thanking Canada not attacking it.

Canadians have lower purchasing power than Americans do, but buy almost 8 times as much per Capita from America than Americans buy from Canada…or at least did pre-Trump and these last two months or so.
View attachment 28481
If our dollars were par how would things look?
 
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Ron in Regina

"Voice of the West" Party
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We've been seeing quantative tightening the past two months. It's what I ve been saying is "burning money" as markets tank and buy buying assets.. A trillion in market loses allows a trillion to be yanked and physically burned/destroyed from circulation

The new currency won't be fiat. It's gold backed.
Just so happens this snuck into the news this morning also…
 
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petros

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Just so happens this snuck into the news this morning also…
Many a smart person rode the crypto wave and dumped for gold. It wasn't just persons Govts and brokerages did too. I'd love to see Brookfields crypto holdings.
 

Taxslave2

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Aug 13, 2022
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Dude was doing well until about minute six in this video. If Canada has 1/8th the population, and a bigger land mass with more resources, of course they are going to export more than they import. They have a much smaller population buying products.

If anything, the US trade defecit should be far higher. How is that not obvious? (Also, the US buys Canadian oil at a huge price discount from global prices, refines it, and sells it to the rest of the world for a huge profit. Take oil out of the equation and the US has a huge trade surplus) I don't see the issue here. The US should be thanking Canada not attacking it.

Canadians have lower purchasing power than Americans do, but buy almost 8 times as much per Capita from America than Americans buy from Canada…or at least did pre-Trump and these last two months or so.
View attachment 28481
We sell crude oil to the US refineries at a discount, and buy back gas and diesel on the Seattle spot market price. THis is better for the environment than refining in BC.
 
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Ron in Regina

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Ok, this is funny, and sad, with timestamp dates:
1743561295958.jpeg
Dude didn’t just plagiarize his thesis, he’s plagiarizing Poilievre’s speeches, and it’s funny side by side (well, one after another anyway).
(YouTube & Carney ADMITS He Lied About “Saving” Canada—“NO Repeal of C-69”—Poilievre Drops PROOF)
 
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petros

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Ok, this is funny, and sad, with timestamp dates:
View attachment 28510
Dude didn’t just plagiarize his thesis, he’s plagiarizing Poilievre’s speeches, and it’s funny side by side (well, one after another anyway).
(YouTube & Carney ADMITS He Lied About “Saving” Canada—“NO Repeal of C-69”—Poilievre Drops PROOF)
The chick with the big head has a good podcast.
 

Ron in Regina

"Voice of the West" Party
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In the aftermath of the auto tariff announcement, Trump and Carney held a phone call to discuss a range of issues. It was Carney’s first dialogue with the Commander-in-Chief since assuming power. (???) Both leaders described the call as “productive” and constructive.
 

petros

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In the aftermath of the auto tariff announcement, Trump and Carney held a phone call to discuss a range of issues. It was Carney’s first dialogue with the Commander-in-Chief since assuming power. (???) Both leaders described the call as “productive” and constructive.
Effective April 3, 2025, the U.S. will impose a 25% tariff on imported passenger vehicles and light trucks, but USMCA-compliant vehicles will only be taxed on the value of their non-U.S. content. Importers can certify the U.S. content to ensure the tariff is applied only to the non-U.S. portion.

Germany and Japan will feel this while Canada won't. They both will be offloading cheap cars to Canadians. Toyota makes their trucks in the US so no cheap Tundra for me.
 
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Toro

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It blows my mind that the left is rallying around a central banker who worked for Goldman Sachs who was accused of bailing out the rich at the expense of everyone else during the Global Financial Crisis, and who is copying all of the Conservatives' policies except for emission caps that would put tens of thousands of Canadian workers out of jobs.

Crazy
 
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petros

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It blows my mind that the left is rallying around a central banker who worked for Goldman Sachs who was accused of bailing out the rich at the expense of everyone else during the Global Financial Crisis, and who is copying all of the Conservatives' policies except for emission caps that would put tens of thousands of Canadian workers out of jobs.

Crazy
You forgot this

"it will be important that China is center stage to shape this new, global, sustainable financial system.” - Mark "of the Beast" Carney​

 

Tecumsehsbones

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It blows my mind that the left is rallying around a central banker who worked for Goldman Sachs who was accused of bailing out the rich at the expense of everyone else during the Global Financial Crisis, and who is copying all of the Conservatives' policies except for emission caps that would put tens of thousands of Canadian workers out of jobs.

Crazy
If you're a Tory, I would think that would make you happy.

Or is hating the left more important to you than having positions you favour receiving wide support?